TRTX
TPG RE Finance Trust Inc (TRTX)
Real Estate • NYSE • $8.57+0.82%
- Symbol
- TRTX
- Exchange
- NYSE
- Sector
- Real Estate
- Industry
- REIT - Mortgage
- Price
- $8.57
- Daily Change
- +0.82%
- Market Cap
- $662.53M
- Trailing P/E
- 13.39
- Forward P/E
- 7.64
- 52W High
- $9.85
- 52W Low
- $7.44
- Analyst Target
- $10.00
- Dividend Yield
- +11.20%
- Beta
- 1.49
TPG RE Finance Trust, Inc., a commercial real estate finance company, originates and acquires a portfolio of commercial real estate-related assets in the United States. It engages in directly originating and selectively acquiring first mortgage loans secured by commercial real estate properties; and invests in other commercial real estate-related debt instruments, including subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instruments. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. TPG RE Finance Trust, Inc. was incorporat…
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